Thoma Bravo sold out of remaining 7% stake in Nasdaq, Bloomberg reports

05/18/2025 16:44
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Thoma Bravo sold out of remaining 7% stake in Nasdaq, Bloomberg reports

Private equity firm Thoma Bravo divested around 43M shares, or about 7.4%, of Nasdaq (NDAQ) in unregistered block trades on May 7 and May 13, selling its remaining stake for proceeds of about $3.4B, people familiar with the matter told Bloomberg’s Ryan Gould and Anthony Hughes. The private equity firm worked with JPMorgan Chase (JPM) on the sale, according to the sources. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top s

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Thoma Bravo sold out of remaining 7% stake in Nasdaq, Bloomberg reports

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